ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Exports without Export Promotion

Exports without Export Promotion THE latest amendment to the exim policy does make a contribution to improving the health of the economy, in spite rather than because of its policy instruments. As a hangover from dirigisme, Indian policy-makers continue to view exim policies primarily as means of promoting exports and earning/conserving foreign exchange. It is completely alien to the thought processes of the babus to see trade policy as a major determinant of allocative efficiency, the pace of economic growth and the ability of the growth that takes place to create jobs. Commerce minister Ramakrishna Hegde has cast his second exim policy in no different mould.

Dear Reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Back to Top